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April 5, 2026, 01:20 PM - 3 min read
Oil India has been producing heavy crude from the Baghewala field since 2017. The field, discovered in 1991 and spread over 200.26 square kilometres, currently has 52 wells, of which 33 are operational.
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March 3, 2026, 07:41 PM - 4 min read
India holds nearly 100 million barrels of commercial crude oil inventories — stored in refinery tanks, underground strategic petroleum reserves and cargoes currently en route to the country — which could meet about 40–45 days of demand if supplies through the Strait of Hormuz are disrupted.
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August 9, 2025, 02:09 PM - 2 min read
Union Petroleum Minister, Hardeep Singh Puri, acknowledged India’s heavy dependence on imports to fulfil its oil needs, but underscored the country’s concerted efforts towards achieving its ‘Atmanirbhar Bharat’ mantra as it makes progress in clean energy and domestic fuel production
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